South Residences
About the project
(sq. ft.)
Developed by MBAL, South Residences is a 23-storey residential complex located in Jumeirah Village Circle, Dubai. Properties include studios and one- to three-bedroom apartments that are available to buy and rent. Units feature balconies with stunning views of the surrounding area and parks.
Residents can enjoy a variety of amenities, including:
- Ample parking
- High-speed elevators
- Gym
- Swimming pool
- Fitness centre
- Sauna, spa, and Jacuzzi
- Lobby with waiting area
- Children’s playground
- Landscaped area
- Barbecue area
- Security and video surveillance
- Utilities by DEWA
Properties range in size from 46 sq. m (497 sq. ft) to 130 sq. m (1,400 sq. ft), and prices start at AED 370,000 (USD 99,900).
*The price is valid for 2021
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Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR
- Area from 497 sq. ft.
Location
South Residences is located in an area with excellent transport accessibility. The nearest bus stops, JVC Westar Vista Apartments, JVC Emirates Garden Rose 2 Apartments, and JVC Prime Business Tower, can be reached within a three-minute walk of the complex. The nearest tram stops, Jumeirah Beach Residence, Al Sufouh, and Palm Jumeirah, is situated within a 10-minute walk, and the Mashreq, Dubai Internet City, and DAMAC Properties Metro Stations can also be reached within a 10-minute walk.
Jumeirah Village Circle is a family-oriented community with a wide selection of kindergartens, schools, medical centres, and 24-hour pharmacies. Residents can also take advantage of green spaces and parks, which are ideal for walking and recreation activities.
There are several local restaurants serving cuisines from around the world. Ricky’s serves Middle Eastern and Indian food. Deccan Delight offers delicious biryani and Korean delicacies, and Marmarita Restaurant specialises in traditional Syrian cuisine.
For groceries, residents can shop at Holiday, Allday, and Greens, which are situated within a six-minute walk of the apartments.
The Selfie Kingdom and Dubai Butterfly Garden can be reached within a 15-minute drive and offer fun activities for people of all ages.
Payback
South Residences offers many profitable real estate investment opportunities. Annual rental rates range from AED 35,000 (USD 9,450) to AED 68,000 (USD 18,360). Two-bedroom apartments have a return on investment rate of 6%, and studios have a return rate of 9%. The estimated payback period for a unit ranges from 11 to 14 years.
*The price is valid for 2021
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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